Nippon Paint China and LYB have entered into a partnership agreement to overcome the challenges that interrupt the recycling of coating packaging barrels. This initiative was proudly announced at the China International Import Expo (CIIE). This boosts the value of circularity in China’s coatings company. The system establishes a smooth process for recycling used paint barrels in a specific mechanical pattern.
Nippon Paint’s Refresh Service is the ideal move to strengthen the purpose of this partnership, as under this service, post-consumer barrels are collected from retail outlets and processed by waste management providers. Later, the plastic components are sent to GXLYB for processing into recycled pellets under LYB’s CirculenRecover brand. The recycled materials from these processes, when mixed with virgin resins, are used by packaging manufacturers to create new barrels via injection molding.
This step covers the much-awaited importance of cross-value-chain partnerships in advancing sustainable solutions. It helps mitigate dependence on fossil fuels by increasing the circulation of valuable plastics. The efforts are the enlargement of the running partnership deal since 2022. Nippon Paint and LYB had previously approached the deal for packaging made with CirculenRecover polymers. Later in 2023, they inked an MoU to continue aiming at the root cause.
During the fourth quarter, LYB foresees a year-end benefit and declining operating rates to improve results across most of its business strategy. Accelerated feedstock costs and natural gas prices might put pressure on unified polyolefins margins in North America. LYB is also sensing the consumer and smooth industrial demand to endure in Europe.
In line with this business's responsibilities, LYB is smartly investing in the recycling of coating packaging barrels. As a vital producer of polymers and a champion in establishing circular and sustainable solutions for packaging applications, the best utilization of business profits in this valuable initiative is a significant contribution to the sustainable packaging market.
Whereas Nippon's packaging role is mainly focused on sustainability, through partnerships with the chemical industry to develop an eco-friendly approach to traditional paper and plastics. Together, these companies will expand their expertise, skills, and specialties in their respective spaces and deliver a sustainable best solution to the vast packaging market.
26 January 2026
26 January 2026
23 January 2026
23 January 2026